FMA
Amid ongoing activity around the FMA-Reserve Bank review of banks' conduct and culture, a Consumer NZ survey finds one in five bank customers being offered products they didn't request
24th Apr 19, 12:50pm
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Amid ongoing activity around the FMA-Reserve Bank review of banks' conduct and culture, a Consumer NZ survey finds one in five bank customers being offered products they didn't request
Many lawyers are dragging their heels on AML compliance, risking penalties, reputation damage and full-scale police investigations when the regulator begins its inspections later this year
22nd Apr 19, 8:02am
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Many lawyers are dragging their heels on AML compliance, risking penalties, reputation damage and full-scale police investigations when the regulator begins its inspections later this year
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
15th Apr 19, 11:29am
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
12th Apr 19, 12:01pm
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Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
10th Apr 19, 5:34pm
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
8th Apr 19, 10:59am
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Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
Netsafe says a new central government agency is needed to address the massive growth in online scams and fraud
3rd Apr 19, 3:28pm
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Netsafe says a new central government agency is needed to address the massive growth in online scams and fraud
FMA and RBNZ say 'thorough' review of responses from 11 banks to conduct and culture review will take several weeks
2nd Apr 19, 9:43am
FMA and RBNZ say 'thorough' review of responses from 11 banks to conduct and culture review will take several weeks
Paul Bublitz receives jail sentence for Viaduct Capital & Mutual Finance role, other directors Bruce McKay & Richard Blackwood get home detention
27th Mar 19, 3:08pm
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Paul Bublitz receives jail sentence for Viaduct Capital & Mutual Finance role, other directors Bruce McKay & Richard Blackwood get home detention
Joanna Trezise says a Court of Appeal ruling in an FMA vs ANZ case gives useful clarification of the FMA’s step-in powers under the Financial Markets Authority Act
25th Mar 19, 9:38am
Joanna Trezise says a Court of Appeal ruling in an FMA vs ANZ case gives useful clarification of the FMA’s step-in powers under the Financial Markets Authority Act
Auckland foreign exchange broker pleads guilty to running a Ponzi scheme to defraud his clients of more than $7 million
20th Mar 19, 1:13pm
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Auckland foreign exchange broker pleads guilty to running a Ponzi scheme to defraud his clients of more than $7 million
Update from Stephen Sedgwick says Aussie banks weaning themselves off reliance on pay incentives linked to sales in retail banking
13th Mar 19, 4:27pm
Update from Stephen Sedgwick says Aussie banks weaning themselves off reliance on pay incentives linked to sales in retail banking
FXBTG Financial chases its dream 'indomitably' from NZ's Financial Service Providers' Register as at least 3 overseas regulators issue warnings
13th Mar 19, 7:22am
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FXBTG Financial chases its dream 'indomitably' from NZ's Financial Service Providers' Register as at least 3 overseas regulators issue warnings
After defeat in the Court of Appeal, ANZ wants to take fight to prevent potential action by the FMA against the bank on behalf of collapsed 'Company X' investors to the Supreme Court
8th Mar 19, 10:34am
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After defeat in the Court of Appeal, ANZ wants to take fight to prevent potential action by the FMA against the bank on behalf of collapsed 'Company X' investors to the Supreme Court
Harmoney founder says $50 million securitisation programme with BNZ doesn't mean any changes for retail investors
7th Mar 19, 12:29pm
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Harmoney founder says $50 million securitisation programme with BNZ doesn't mean any changes for retail investors
A resurrection; How Etana Custody Ltd, a company whose CEO & major shareholder has never been to New Zealand, got kicked off NZ's financial service providers' register and then got itself back on
5th Mar 19, 5:00am
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A resurrection; How Etana Custody Ltd, a company whose CEO & major shareholder has never been to New Zealand, got kicked off NZ's financial service providers' register and then got itself back on
NZ companies, financial service providers and internet domain names embroiled in alleged crime wave at the centre of an extradition battle between the USA and Russia over Russian Alexander Vinnik
21st Feb 19, 5:00am
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NZ companies, financial service providers and internet domain names embroiled in alleged crime wave at the centre of an extradition battle between the USA and Russia over Russian Alexander Vinnik
In today's low interest rate world one-off investment opportunities touting high returns sound tempting. So how are they priced, what are the risks and who, if anyone, has regulatory oversight of them?
20th Feb 19, 11:30am
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In today's low interest rate world one-off investment opportunities touting high returns sound tempting. So how are they priced, what are the risks and who, if anyone, has regulatory oversight of them?
RBNZ Governor Adrian Orr says delivering good customer outcomes and removing sales incentives shouldn't be rocket science for banks
20th Feb 19, 5:00am
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RBNZ Governor Adrian Orr says delivering good customer outcomes and removing sales incentives shouldn't be rocket science for banks
FMA plans more work on KiwiSaver fees, says eye will be on the conduct of default providers ahead of the next round of default appointments
13th Feb 19, 4:16pm
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FMA plans more work on KiwiSaver fees, says eye will be on the conduct of default providers ahead of the next round of default appointments
New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever
13th Feb 19, 9:36am
New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
8th Feb 19, 11:17am
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
Wellington mortgage broker Andrew Perry spells out how consumers would be hurt if Aussie banks weren't allowed to pay brokers commission
8th Feb 19, 9:43am
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Wellington mortgage broker Andrew Perry spells out how consumers would be hurt if Aussie banks weren't allowed to pay brokers commission
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
6th Feb 19, 8:59am
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
5th Feb 19, 8:04am
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Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
